Kanye West Files $10M Lawsuit, Claims He Didn’t Receive Payments From Insurers After Canceled Tour 

I’m sure  you all remember when KanyeWest suddenly canceled his “Saint Pablo” tour due to an alleged mental breakdown? Well in a strange turn of events, it looks like Ye is suing various syndicates of the insurance company Lloyds of London for stalling on paying out claims. It seems that once Ye cancelled his tour, in order to have the insurance company cover the remaining dates, he had to submit himself to an interrogation under oath.
The only problem is, his insurers haven’t paid because they think drug use played a role in his mental health issues. In documents obtained by the Hollywood Reporter, it states: “They have not provided anything approaching a coherent explanation about why they have not paid, or any indication if they will ever pay or even make a coverage decision, implying that Kanye’s use of marijuana may provide them with a basis to deny the claim and retain the hundreds of thousands of dollars in insurance premiums paid by Very Good, Inc.”
Ye is suing the company for holding up their payments and being in breach of contract. In a statement, West’s lawyer Howard King writes, “Performing artists who pay handsomely to insurance companies within the Lloyd’s of London marketplace to obtain show tour ‘non-appearance or cancellation’ insurance should take note of the lesson to be learned from this lawsuit: Lloyd’s companies enjoy collecting bounteous premiums; they don’t enjoy paying claims, no matter how legitimate.”
Hopefully Ye can settle this dispute and move forward with his career.

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